Token Allocation
The following is information about token distribution in HCL, a governance token and native token designed to play a key role in Hwik Circle Layer's decision-making process.
Total issue volume: HCL 2.5 billion(2,500,000,000 HCL)
Seed Sale
32,500,000
1.3%
1-year monthly vesting
Private Sale
42,500,000
1.7%
1-year cliff, then 3-year monthly vesting
Ecosystem
550,000,000
22.00%
2% unlocked at TGE, then 5-year monthly vesting
Reward/Liquidity
750,000,000
30.00%
5% unlocked at TGE, then 5-year monthly vesting
Development
375,000,000
15.00%
3Months cliff, then 5-year monthly vesting
Core Team
125,000,000
5.00%
1-year cliff, then 5-year quarterly vesting
Reserve
125,000,000
5.00%
1-year cliff, then 1-year monthly vesting
Partner/Advisor
250,000,000
10.00%
10% unlocked at TGE, then 1-year cliff, then 3-year monthly vesting
Marketing
250,000,000
10.00%
3% unlocked at TGE, then 4-year monthly vesting
TOTAL
2,500,000,000
100%
Among the quantities in which Lock-up is released during TGE, tokens corresponding to Ecosystem and Development are fully staked in the Initial Incorporated Pool, which can issue HWIK tokens, and used to seed the initial quantity of HWIK tokens that can pay ecosystem participants' rewards.
Token Contract Address
HCL(WEMIX ERC-20):
HWIK(WEMIX ERC-20):
HCL tokens will be issued on Wemix Chain, and HWIK tokens will be issued on Wemix Chain, and will be migrated to the Ethereum Layer 2 mainnet later when mainnet is released. The HCL token can be moved to another chain via the Hwik Circle Layer bridge.
HCL Token Audit
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